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The major justification for adding Step 0 to the U.S. GAAP impairment test for goodwill and indefinite lived intangibles is that it: A. Saves money

The major justification for adding Step 0 to the U.S. GAAP impairment test for goodwill and indefinite lived intangibles is that it:

A.

Saves money spent estimating fair values

B.

Results in more timely recognition of impairment losses

C.

Enhances the accuracy of the estimated impairment loss

D.

Reduces the fee paid to outside auditors

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